Autonomous Ride-Sharing Could Mean More Auto Risk for Investors

In recent months, firms working on self-driving vehicles have made significant progress. Google-backed startup Waymo’s test fleet of self-driving cars recently reached 8 million miles driven, and is now covering 25,000 miles a day. As of February, Uber had logged about 50,000 rides with self-driving technology on board. Autopilot-capable Tesla vehicles, while not technically fully autonomous, are now operating in Autopilot mode about 25% of the time. Autonomous capability has increased tremen...